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20121201
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FOX Business
Dec 18, 2012 8:00pm EST
. it's lucy holding the football, charlie brown kicks it, she yanks it away, and what happens? he winds up on the back, and in this analogy, the taxpayer -- the republicans are charlie brown because they are in this, but the taxpayers lose. neil: i wonder why charlie brown never sued. final words? >> entitlements are bipartisan, has to be a bipartisan solution. neil: what? >> bipartisan. romney and obama supporters, everybody has entitlements. neil: understood. thank you. meanwhile, after the shooting, indiscriminate firing, going after video games, tv show, and even commercials, anything where violent pops up, a call for the government to shut it down. why rudy guilani says they might be addressing the wrong problem with the wrong weapon. neil: well, no sooner had news of the connecticut school shooting hit, that out of nowhere, ads for tom cruise's latest movie disappeared, other movies as well. anything violent coming to the big screen sure as heck of nots showing up in promotions on the little screen, but i think it's %-politicians now targeting vido games that are already rat
FOX Business
Dec 28, 2012 11:00am EST
. moving on. we have to talk about washington. john brown saying throw the bums out. it is a limit legislators to a one-year term. dennis kneale and shibani joshi are coming up. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. hi. >> hi. you know, i can saveou 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece e of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlesy protect wh matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity tft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lif
FOX Business
Dec 5, 2012 12:00am EST
here to explain wh i feel like h is not going to. we'll se "piles of money"oming up. jerry brown is not going to step in. ♪ . ♪ . messa: well it is definitely appropriate it say concerns overthe scal clififf have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbsements on january 1st. that is only part of the problem. another part how this turns aroundnd hits you and your wallet. joining me to dissect the impacts dr. marc sgel fr the fox new medical a-team. great to have you back on the show. >> good to be back with you. melissa: let's get right to it. i love the numbers. let's break it down. doctors face a 27% cut papay for medicare patients as part of t formula. >> that is called the sustained growth rat some genius in 1997 when they put together the bance the budget act, hey, doctors should be penalized if the amount of tests order is grear than the growth of the economy. basically if an mri is very expensive, i have to order it, i get penalid forfeit is more expensive than it shoulde. that doe make a
FOX Business
Dec 9, 2012 1:00am EST
i'm alone. >> and brown foreman. >> bull or bear on jack. >> i'm bearis. >> brenda: your prediction. >> i like mattel, i think it's going to have a great christmas and i own the stock by the way, i think all-time high in february of next year. >> brenda: toby, bull or bear. >> cl in your stocking. >> brenda: what do you like,
FOX Business
Dec 11, 2012 9:20am EST
emissions as mentioned the jobs in california haven't materialized. jerry brown said heewould create 500,000 new green jobs the next ten years, so far it's roughly been about 3,000 per year and at that rate jerry willful fill the promise in let's say 167 years. stuart: 3000 green energy jobs per year, that's all california has got. that's a very low number and one of the problems, they're investigating the money and i think the state of california said last year, 59 million went into green jobs and training and apprenticeships and 719 jobs actually placed and that's an investment for the taxpayer roughly $83,000 per job and doesn't seem like a good roi to me. >> do the jobs go away? and once you've installed so already panels. once you've installed them, i guess, that green job, basically goes away, doesn't it? >> it's the equivalent of being the maytag repairman for green energy. once you've installed them they are he' expected to last, 20 or 30 years, and you talked about unintended consequences and i think that the overestimates on this are telling california we may be too green t
FOX Business
Dec 18, 2012 10:00pm EST
keep getting moved. >> they take that football, and it's a charlie brown episode. they jerk the ball away. >> except it was only 15 months ago the president suggested the threshold and tax hikes might be a million dollars. >> middle class families shouldn't pay higher taes than millionaes and billionaires. >> today, white house officials noted the president's push for the so-called buffet rule was only a minimum tax for millionaires that did not preclude raising rates as part of broader reform. >> boehner's idea of taxes people is so bad and unbalanced, why did the president propose that in september of 2011? he had the millionaires tax when he came ose garden. >> that was an entirely different oposal. the president always supported expiration of the bush ea tax cuts for those making more than $250,000. >> in private talks with boehner,owever, the president moved the threshold to $400,000 or more, and republicans today noted two years ago, 53 senate democrats voted for a lan by senator chiewk schumer similar to boehner's. >> i don't know a single one of the colleagues who wouldn't pr
FOX Business
Dec 5, 2012 6:00pm EST
jerry brown. welcome to the show. it is great to have you. we played this very controversial soundbite from this woman who said it should be quid pro quo for detroit. do you agree? >> no, i do not agree. i can look out my window and see general motors and see what happened with the bankruptcy when the federal government got involved. the cfo lost their jobs from the board of directors lost their jobs, and there are restrictions to the money coming in. so the federal government. the city of detroit knows what the problems are. the question is do we have the political will to make the difficult decision. gerri: that is where i want to go next. the track record here -- the track record here is not good. we have years of overspending. it is incredibly embarrassing stories, the previous mayor usinggan airplane at his own leisure to do personal travel. we have just a terrible financial track record. per capita income at 25,000 below the u.s. average. detroit employment is 18%, almost 19%. does the city council -- does the city management have it under control? have you guys just lo
FOX Business
Dec 25, 2012 1:00pm EST
championship series, he had st. louis browns, he had aking negro league team,. john: that is baseball? >> baseball, he could not let blacks into the baseball. he had jackie robinson in nsas city, he saw all of the talent out there other people would not hire, they were punishing themselves for their racist acts and so, he with -- dodgers they won championships, cardinals did not hire a single black player until 1958, and they lost their championship. john: people hired black players because it was good for says. >> good for business. john: at the time government was racist. d forcing jim crow, and southern businesses fought that? >>yeah, you know, government was branch rookie's problem, he had to escape the government of missouri to go to new york city with the brooklyn dodgers, down south, companies like pepsi who advertised to black consumers,. john: we have some pictures of that. they were doing it when it was illegal according to the government? >> yep. john: to share 3e pepsi at the lunch counter. >> these ads came out before people knew who martin luther king was. john: because
FOX Business
Dec 17, 2012 6:00pm EST
brown nosing. [laughter] gerri: fantastic. those famous words. >> absolutely. happy new year. merry christmas. up next, another case of waste, fraud commanded piece. wait until you hear how much one is raking in. cannot figure what to get the special somebody? coming up, the top five guest not to give any woman. ♪ you know how painful heartburn can be. for fast, long lasting lief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ gerri: when it comes to waste, fraud, and abuse california takes the cake with its outrageous, salaries. according to one report, a california highway patrol chief retired last year as the best paid officer ever raking in nearly $4,804,000 in salary, pension, and other benefits. he should be running a public company. the report finds union benefits allow many troopers to double their annual earnings in retire as young as 50. head. welcome back to the show. great to have you here. injure you being on the show. this
FOX Business
Dec 17, 2012 9:00pm EST
. gerri: give him some offee. >> nothing wrong with brown nosing. [laughter] gerri: fantastic. those famous ords. >> absolutely. happy new year. merry chrtmas. up next, another case of waste, fraud commanded piece. wait until you hear how much one is raking in. cannot figure what to get the special somebody? coming up, the top five guest not to give any woman. ♪ hey, it's me, progressive insurance. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an erage of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad youid. cannonbox! [splash!] ♪ gerri: when it comes to waste, fraud, and abuse california takes the cake with its outrageous, salaries. according to one report, a california highway patrol chief retired lst year as the best paid officer ever raking in nearly $4,804,000 in salary, pension, and other benefits. he should be running a public company. the report finds union benefits allow many troopers to double their ann
FOX Business
Dec 11, 2012 11:00am EST
apparently not very optimistic at all about the next six months. we brought scott brown into talk about it. this means what works back maybe more the election. many of them are trying to decide whether to pay the penalty or to cover their employees. it really is not clear what impact it will have. the view is certainly negative. connell: have a look at this and that this is something that will hit the economy hard next year? >> it is hard to say. normally, we will look for those firms to account for a lot of job growth and expansion. we may see some softer job numbers in 2014. connell: that is what this is all about. the idea of confidence. a way to make the most of the tough situation. >> i think that is what is coming through. ultimately, it is really about the demand for the goods and services they produce. connell: is there strengthening their clocks back. >> once we get through this fiscal cliff certainty, i think the prospects are a bit better. i think the fundamentals are gradually improving. you have some weakness in the rest of the world, which is not helpful. you have state and l
FOX Business
Dec 20, 2012 5:00pm EST
is gone. the land turned brown and died. it happened to one of us it can happen to all of us. >> the two actors who produced and wrote this film say they wanted to make a film about american identity. they were originally going down the road of maybe the relationship between mining and problems with salmon in alaska. but decided to go in a different direction. here's what actor matt damon says about the movie. >> really asks more questions, you know, than it answers but they're important questions i think that we're all, that we all need to be asking right now. >> now the film isn't even out yet. it is limited release in new york and los angeles on december the 28th. it opens nationwide on january 4th but conservative bloggers got a hold of the copy of the script. when they looked through it, melissa, they this is really one-sided piece that looks more like a hit job against fracking than a balanced look at the natural gas industry. melissa: i think it is interesting it was supposed to be about the impacts on salmon and all of sudden turned over to fracking which is so popular right
FOX Business
Dec 6, 2012 3:00pm EST
cleveland browns, little tidbits about liz claman. i enjoyed it too, adam, go back to that. [laughter] a hot stock to watch, and that's walter. when you look at walter energy, basically, we've been hearing that bhp billiton are said to be eyeing the coal producer, so this is according to british newspapers about whether or not anonymous sources are saying that bhp is stepping in. then there's others who are saying that it's glencore. everybody wants to take over walter industries, this is all, of course, just speculation that we're reading from the sources and on the wires, and that explains why you see this coal producer jumping 6%. big move for walter energy today, back to you. liz: nicole, suddenly the dow has doubled its gains, we were up about 14, 15 points, we're now up 31, 32. sandra, what are you looking at? >> i want to bring up an intraday chart, and while a 32-point gain isn't substantial, it is the highs of session, and it's very similar to what we saw in yesterday's trading session right at the end of the day. we reached -- here's a two-day chart. this is the end of the s
FOX Business
Dec 11, 2012 5:00pm EST
impairment devices for players cars after jerry brown's drunk driving death. would it set a dangerous precedent for employer's control over workers lives elsewhere? piles of money coming up. ♪ . melissa: turning now to some stunning news in egypt. despite the bloodshed and chaos in the streets of cairo the u.s. is giving the egyptian government 20 f-16 fighter jets. the first four, which will be delivered in just six weeks. it is part of a billion dollar military aid package that was brokered with former egyptian president hosni mubarak back in 2010. but mubarak is gone and president mohammed morsi is clearly playing a different and dangerous game. given the current situation protesters are storming the palace. more than a dozen dead. hundreds are injured. why on earth are we handing over 20 advanced fighter jets to a regime we don't exactly trust? we have a money power panel, mideast experts to explain. mike barrett, diligent consulting firm. judy miller from the manhattan institute. a fox news contributor. michael rubin, a resident scholar at the american enterprise institute. mik
FOX Business
Dec 12, 2012 12:00am EST
next. >>> the dallas cowboys consider impairment devices for players cars after jerry brown' drunk driving death. would it set a dangerous precedent for employer's control over workers lives elsewhere? piles of money coming up. ♪ . ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's whally has a raise your rate cd. ally bank. your money needs an ally. melissa: turning now to some stunning news in egypt. despite the bloodshed and chaos in the streets of cairo th u.s. is giving the egyptian government 20 f-16 fighter jets. the first four, which will be delivered in just six weeks. it is part of a billion dollar military aid package that was brokered with former egyptian president hosni mubarak back in 2010. but mubarak is gone and president m mohammed morsi is clearly playing a different and dangerous game. given the current situation protesters are storming the palace
FOX Business
Dec 10, 2012 1:00pm EST
. >> critics be damned says governor jerry brown who backs solar energy regardless of cost or consequence. >> we're adamantly oppose to it because we'll be people that live with it forever. >> riverside county is home to solar energy than anywhere in the u.s. after billions in federal subsidies, some call big solar a taxpayer rip off. >> on face they talk about huge jobs and long-term benefits to the county but we'll carry the burden of having these types of facilities for decades to come. >> there isn't a single energy source in the united states that isn't subsidized right now. this is leveling the playing field for solar. the truth the cost for solar power is going consistently down. >> costs are dropping but solar is sttll up to five times more expensive than conventional energy. those plants, typically pay millions in local property taxes. while solar pays next to nothing. when riverside tried to impose impact fee, big solar sued. >> the reason that we decided to litigate the riverside county tax is because it was an illegal tax. >> solar also has local environmentalists on fire for
FOX Business
Dec 6, 2012 1:00pm EST
in front of your door? >> no, usually less obvious brown trucks or white trucks. deliver right to the front door. >> how does this work for apmex? how do you profit? do you get a fee for the transaction or some other. how does this benefit. >> ebay is a platform of course. is that what you pay for on the customer. >> everything is based upon that. spot prices are published. on it. ebay, center on ebay. see exactly what the spot prices are that they are based on. buy them at quarter of an ounce at a time if you so choose. there are 200 different products available at the apmex bullion center on ebay. all the people out there that said i need a place to go. this is place you can go. lori: gold bullion and silver sales the price is appreciating versus gold funds. this is what people are doing with all the cliff concerns. i have to leave it there, michael. i do apologize. thank you for all the information. >> thank you. melissa: he is leaving all that stuff here, right? lori: he said he is. 50, 60 grand worth of gold and silver. melissa: quarter to as we do every 15 minutes, nicole pe
FOX Business
Dec 6, 2012 9:20am EST
. brown emanuel has been at the press conference. democratic senator. why not put it in detroit. when i put it in silicon valley where you had the sharpest guys. stuart: is in it there already? is in it there already? >> boosted by academics from mobile universities. i would say if you want to help out beleaguered detroit are really get it going than you do it also and silicon valley where the smart guys are more just rely on china. stuart: maybe you don't have the government do it at all. maybe. >> they're going to get this done. 38 miles. tesla goes 265 miles. that's the reason tesla stock is moving higher. here is what this really is. this is was gives me most. someone called it in the manhattan project. are you serious? the manhattan project was the war of all wars. to our be at war against right now if it's not a war against capitalism. if i am developing battery technology not only is the government my competition, but they get the right as well. this is absolutely insane. and 100 million, i'm predicting it already. a lot of money for taxpayers. in the grand scheme of things revol
FOX Business
Dec 13, 2012 11:00am EST
. california governor gerri brown is not wasting any time. the 74-year-old governor is undergoing radiation treatment. his oncologist says his prognosis is -- that is your west coast minute. dennis: general orders is unveiling a new line of pickup trucks. jeff flock has the story. jeff: that is the new chevy silverado. it is the number one seller. it has these new engines and it. they will shut down four of the cylinders if you do not need all the power. saves on gas. very good. this harkens back to the old days. it was a loud unveiling. they flew up some rocks. it was kind of a cool thing. gm already has, 250,000 unsold pickup trucks. mark royce told the exclusively that the problem is the competitors have all spent a lot more on incentives and gm did. >> we missed november from an insiders standpoint. i can tell you that we are meeting the market right now this month. we are selling them. jeff: they have now exhausted some of that inventory. he will not say exactly how much. these will be on the market sometime around the end of the first quarter. they have not said exactly how
FOX Business
Dec 30, 2012 9:00am EST
learning to be different like brown did and rtheastern . giving you work experience. they do not get a great job with a internet college diploma. >> and what we are talking about. colleges and steve, you brought it up from the past. we have 40 or 50 administrators per one student and you have 10-15 students that is a racket. >> i bring it up and i am paying $60,000 a year for my daughter and it is scams like this one makes me mad. >> thi is what goes o in higher education. it is increasing revenue for the insiders and not worry the students . not talk about $100 plication how about 400 billion we spend on higher education and producing graduates who don't have the skills that our economies. >> morg oon. going ba to the idea of a scam. it is it better than seeing it loosened in the classroom. >> and in thepped of t day. paying 60,000 for the students is watered down. and don't blame the application fee and blame the government subdies. >> hold on, there st. scam. >> it is fair to call it a scam and colleges are trying fobring in more applicants. it is news and world report that they are
FOX Business
Dec 4, 2012 5:00pm EST
governor jerry brown to step in. the head of it is here to explain why. i feel like he is not going to. we'll see. "piles of money" coming up. jerry brown is not going to step in. ♪ . ♪ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., re estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason er 75% of our mutual funds eat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to ad and consider carefuy before investing. ♪ . melissa: well it is definitely appropriate it say concerns over the fiscal cliff have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbursements on january 1st. that is only part of the problem. another part how this turns around and hits you and your wallet. joining me to dissect the impact is dr. marc siegel from the fox news med
FOX Business
Dec 16, 2012 1:30am EST
have something brown on your nose you might want to look at. [ laughter ] >> i'm in the awkward position of agreeing, agreeing with rick and agreeing with nancy pelosi, that is hard for me to do. it's hard we do these things at the last minute, we don't make great decisions, but i don't have any faith it will be different in six months from now. we have stressful decisions will be made but i don't see it changing in this administration or congress. >> what will change, if we take your advice and kick it down six months, what is going to change? >> a lot is going to change in terms of how the economy is looking and around the world. a weakening economy. not since the 19 30s have so many governments raised taxes in the face of declining economy. it's putting more poison into the patient. republicans can do a lot of good proposals, companies have $1.7 trillion of cash over overseas. welcome home tax on that. bring in an extra $50-60 billion revenue. a lot of positive things can be done instead of putting on taxes. >>> france, italy, the united kingdom, even greece is raising its ta
FOX Business
Dec 2, 2012 8:00am EST
loosesy and charlie brown, the football is going to be pulled out and land on their tuckus, and then hey're going to pass a little thing, you know, to move it down six months. >> and using those technical terms. and jonas, pushing back the deadlines, what does it mean to the economy? especially if we don't know in it will be a deal in a month or a deal to do deal in another year? >> there's absolutely no good at this point in pushing along the current system and waiting to fix it later. yeah, no one wants higher taxes, but we're not in a dp reception rightnow. we absolutely are going to die if things start to change and in fact, the underlying real problem, the growing deficit on the path to greece, the goalets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal,
FOX Business
Dec 5, 2012 1:00pm EST
anything to be excited about >> better than nothing. lori: times are definitely tough but have doc brown and marty mcfly been forced to go from time travelers new york city cab drivers? melissa: when you can't grab a taxi, should you fill up on ethanol? could your car be at risk? melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange. our own nicole petallides is standing by. and, nicole, a little m&a action in the mining world today. >> really there is a lot of action in the mining world. we'll take a close look at freeport-mcmoran, a big deal underway here. what is interesting when you have mergers and acquisition particularly in energy this is something that brings positive sentiment to wall street. let's look at freeport-mcmoran. also taking a look at other names that are involved, right? you're looking at, see how they are faring. plains exploration is up 25%. mcmoran exploration up 82%. freeport-mcmoran is buying both of those together. this is $9 billion. this is about oil and gas producers and it will create a natural resour
FOX Business
Dec 12, 2012 1:00pm EST
charlie brown cartoon. how many times, how many times is charlie brown going to try to kick that football? we know every time he approaches that football it will be taken away from him. that has happened and we are not going to fall for that again. >> white house officials tell fox republicans continue to refuse to raise tax rates on wealthier families, the official claims that concession would open the pathway to deal. however republicans and democrats are still hundreds of billions of dollars apart on how large a tax increase congress should pass and how much spending it should cut. activists -- back to you. >> there making comparisons to charlie brown. that is the level we are. melissa: for more on the fiscal cliff, let's bring in congressman john carney from capitol hill. i am sure you heard the conversation before you. how close are we getting to solving this problem? >> it was a good characterization of where we are and the analogy with the peanuts characters in some ways appropriate. this is what you can expect with both sides talking about what they want, what they are wi
FOX Business
Dec 26, 2012 9:20am EST
proven to be the panacea that i think governor brown and the california legislature had predicted. last year as a matter of fact i think we created about 3,000 jobs in green energy, that's total. that's all renewables. and at the pace that jerry brown promised, 500,000 new jobs over the next 10 years, it will take him 167 years to actually make good on that promise. david: by the way, the "wall street journal" looked at the government's figures, the federal government's figures about how many jobs were supposedly created by wind power, by a 4 billion dollars wind power project involved over 30 wind power farms, and the government claimed there were 7,000 jobs. the journal sent reporters and called in to each one of those locations, found out there were only 300 jobs. the government said 7,000. in actuality there were only 300. you can't even depend on government stats to back up their job creation numbers. >> well, they put a tremendous amount of investment into this green jobs right now. and frankly the thing we worry about is governor brown has now mandated that 33% all of energ
FOX Business
Dec 24, 2012 11:00am EST
? maybe you should listen to our next guest. john brown is next. dagen: some of today's winners on this shortened trading session. they spoke. almost $27 a share. ♪ dennis: the blame for the fiscal cliff gridlock falls squarely on the side of both politicians from the democratic and republican side. john, what do you think? >> i think we can fix it. i do not think we will for a long time. both parties are to blame. i think president obama has been prepared to go over the cliff for a long time. he started the negotiations putting a lot of red lines down and demanding more. it is created by both the democrats and republicans. i think we will maybe get a small deal, but the really big can will be kicked down the road to further impoverished american citizens, working people, to finance big and ever intrusive government. the only answer, in my opinion, is to have strict term minutes for u.s. politicians. it used to be that politics was a vocation. now it has turned into a career. they are most interested in getting reelected so they continue their career. they forget the nation. it i
FOX Business
Dec 4, 2012 12:00am EST
governor jerry brown must do more to clarify the cost of green energy policies. the commission warns they could hit bunesses and consumers with unnecessarily high electricity prices. remember, state utilities mu get one-third of their energy from renewable resources by 2020. that is going to cost you money. >>> bp announcing it will significan increase spending on oil exploration and development. it will spend between 24 and $27 billion a year from 2014 until 2020. bp spent about 19 billion on e&p last year. >>> france's total made a fresh discovery in the northeast. the well has 25 to 75 million barrels of oil. the find is raising hopes there is more oil nearby. >>> ssissippi river water levels shrink towards historic lows, leaving consumers and workers potentially soaked. one of the river's barge operators explains exactly how bad it could get. that is coming up next. >>> plus, as if things in the middle east weren't dire enough, syria's regime reportedly moves its stockpiles of chemical weapons, spiking fears it is preparing to use them. the u.s. says it is ready to act. details c
FOX Business
Dec 14, 2012 11:00pm EST
sequestering. neil: elizabeth? >> i agree much it's chris brown and rihanna going back to the same sisks, and it doesn't work out. bottom line, i don't know there's a deal, but if it is, the pattern is kicking the can down the road. i agree with that completely. you won't see change because that's not helped the economy at this point, and it probably will not help it in the future. neil: incredible, absolutely incredible. thank you very much. in the meantime, sandy money to fix the smithsonian's roof. this has you hitting the roof. speaking of hitting, remember the union guys and the fists? get lawyers. neil: don't say i didn't warn you with washington set to give $60 billion to sandy battered states. how is the smithsonian getting $2 million of that to fix a roof on one of its buildings. it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, this is why as we talk about the fiscal cliff and debating what can be done, anyone who's not telling y
FOX Business
Dec 27, 2012 5:00pm EST
: we should point out i think senator scott brown out of massachusetts leaking some details what people are expecting the white house to be sending to both sides, democrats and republicans on the hill. do you think that what the president's going to send is something that john boehner can sell to his caucus? >> it needs to be. look there has to be more savings. what the president has talked about is more revenue but the concern is, that if the revenue goes to more spending you haven't solved the deficit and the debt. the real secret to getting this thing working is getting economic growth that generates revenue rather than higher taxes. those are elements that we need to get a deal that works and that's why we think there's chance here if the president will come back with some of those savings in his proposal. adam: but here's, we had an economist on yesterday who has no skin in this game politically which gives her credibility to what she had to say. she said the most dangerous thing we could do to the economic recovery is raise taxes. tte president clearly will not give on that
FOX Business
Dec 16, 2012 6:00pm EST
avoid sequestering. neil: elizabeth? >> i agree much it's chris brown and rihanna going back to the same sisks, and it doesn't work out. bottom line, i don't know there's a deal, but if it is, the pattern is kicking the can down the road. i agree with that completely. you won't see change because that's not helped the economy at this point, and it probably will not help it in the future. neil: incredible, absolutely incredible. thank you very much. in the meantime, sandy money to fix the smithsonian's roof. this has you hitting the roof. speaking of hitting, remember the union guys and the fists? get lawyers. get lawyers. [bleep] [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. neil: don't say i dn't warn you with washington set to
FOX Business
Dec 13, 2012 9:20am EST
, their long slide to oblivion will continue. stuart: california governor jerry brown has prostate cancer. doctors say the cancer is its in early stages and the prognosis is excellent. governor brown is expected to continue a full work schedule throughout treatment. he is 74 years old. >>> why isn't the market rallying on news that the fed will pump 85 -- print 85 billion dollars a month and stick it into the economy? why isn't the market rallying? the dow is up 2. that's it. joining the company from chicago is larry levin with trading advantage. will you answer the question, please, larry? >> sure, stuart, i went around and talked to a bunch of traders yesterday after the fed meeting because i'm thinking the same thing myself, why will this market not go higher; right? we're stuck in the mid to, you know, low 1400s on the s&p and been stuck there for a while. most traders said the same thing, stuart, they think if the fed wasn't doing what it's doing now, the market would be going down a whole bunch. they really feel and i kind of agree that the market is really being propped up.
FOX Business
Dec 6, 2012 11:00am EST
let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intrusion. neither side discusses that because they are career politicians and big government is their career. dennis: what should republicans do? should they cave and let tax rates go up on the rich or hold out and let the company -- the country go over the cliff? >> they hold out and let t
FOX Business
Dec 10, 2012 11:00am EST
warning drivers that a problem with apple maps can actually be deathly. dagen: gerri mack brown has his hands full. taxes and not state will kill jobs and entrepreneur roles elsewhere. connell: they have some complaints about all of you and your annoying behavior. dagen: we do not care. connell: let's take a look at the markets. people are annoyed. that story and much more straight ahead. ♪ >> hi, everyone. i have your fox business brief. reaching a $327 settlement with u.s. regulators for allegedly hiding the identity of iranian customers. a nearly three-year investigation discovered criminal activity dating back to 2001. ameritrade is the latest offering special one-time payouts or accelerated dividend before scheduled tax hikes in the new year. fifty cents a share, payable to investors on december 31. the cme group is under pressure following news of a downgrade. goldman sachs / it's ratings. goldman says the move was an evaluation call. that is the latest from the fox business network. giving you the power to prosper. ♪ connell: we have talked about it, apple maps. the progr
FOX Business
Dec 31, 2012 4:00pm EST
browns are going to get to the super bowl next year? >> liz, let me look at my crystal ball. david: who would have thought the redskins did as much as they did? by the way, teddy, i've got to ask, apple, do you think apple's going to come roaring back in 2013? >> well, it's not a stock that i own, and regrettably, i wish we did own it. but i think a stock that we do own which could be very interesting next year, take it for what it's worth, i think it might be facebook. david: okay. teddy weisberg, you nailed it, my friend. 13,000 on the button seven times on this very day. teddy weisberg. liz: happy new year, teddy. >> happy new year to you guys and all the viewers. thank you. liz: teddy's been a great friend to our network since day one. david: we love him. liz: a provision adopted decades ago to insure that the wealthiest americans did not avoid taxes could cause a lot of grief for all taxpayers. david: so how could it affect your wallet? liz macdonald joining us now with the details. liz, originally this was meant to effect no more than a couple dozen people. >> reporter: yeah,
FOX Business
Dec 3, 2012 4:00pm EST
have booz allen already downgrade. costco downgraded by fitch. brown foreman was slapped around by s&p with a downgrade. carnival got hit with a credit negative rating from moody's so on and on and on. here's the deal. we're seeing 173 companies issuing dividends. this is and indicator taxes could be go up. 2 1/2 times the rate we saw of companies issuing special dividends in 2010 when bush rates were threatened to be revoked back then including dividends. interesting part of the story executives who championed fair share, americans should sacrifice like the cofounder of costco, jim senegal is getting a special dividend and saving $4 million in taxes along with the rest of the board. the board overall is saving eight million bucks on early $29 million payout. the 1%, corporate insiders who see the cash on the balance sheet, see the tax hikes coming are saying you know what? give me the special dividend now so we don't have to pay increased tax. >> costco hitting a all-time, 52-week high today. >> that's right. sandra: thanks very much, liz macdonald. david: today is the anniversary of
FOX Business
Dec 15, 2012 6:00pm EST
who couldn't avoid sequestering. neil: elizabeth? >> i agree much it's chris brown and rihanna going back to the same sisks, and it doesn't work out. bottom line, i don't know there's a deal, but if it is, the pattern is kicking the can down the road. i agree with that completely. you won't see change because that's not helped the economy at this point, and it probably will not help it in the future. neil: incredible, absolutely incredible. thank you very much. in the meantime, sandy money to fix the smithsonian's roof. this has you hitting the roof. speaking of hitting, remember the union guys and the fists? get lawyers. get lawyers. [bleep] twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investme objectives, risks, charges and expenses. rea
FOX Business
Dec 10, 2012 9:20am EST
brent allegedly driving drunk flips his car. his passenger and teammate jerry brown killed in the accident. the cowboys are looking into all options to protect their players. including installing devices that would immobilize the car if the driver of the car. the judge is here. do they have the right to intrude into players' cars and install a device that you can't drive it if you are drunk? >> do they have the right? not is it the right thing to do but do they have the right thing to do? well, they are not the government. and the young man who is accused, he's still innocent, because he's innocent still proven guilty accused of this awful event is free to work at another football team. so under that theory, he's voluntarily there and he voluntarily accepts the restrictions. look, professional athletes have a lot of restrictions. stuart: extended all team members, judge? they would extend it to everybody gets one of these devices. >> now, you're going to touch the other side of me which is why are they punishing everybody because of what one person did. that's preposterous. stuart
FOX Business
Dec 31, 2012 9:20am EST
and alternatives to the failures of what jerry brown policies will be. stuart: but i put it to you, there is a block of voters, it is a very sizable block of voters in california who don't care about the economy. they don't care about debt. they don't care about it at all. they are involved in totally different separate issues. and that's such a big voting block that you cannot vote them out, can you? >> well, you know, i think that applies to the nation, but i agree there is big trouble when it comes to california, the number of voters that are disconnected from the economic issues, but i think they move front and center eventually because california has 2 million able-bodied people that are not working right now, and at some point they are going to want an answer. stuart: but do they care? they have got all kinds of government programs to support them. and why should they care? i mean, this is california, la-la land. they are having a great time. the weather is great. the beaches are terrific. why do they care? i'm not being facetious. >> you know what? part of the problem with c
FOX Business
Dec 28, 2012 1:00pm EST
white house? the other day it was scott brown, the senator from massachusetts, who will be leaving in the new congress, but he said a deal was coming from the white house. hearing any idea what it looks like? perhaps a scaled down deal from president obama? >> yeah. i believe we need a big deal, but the more likely possibility, at this point, is it's really focused on a tax deal where they come up with some number between what speaker boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both houses. adam: the numbers were something like the president at one point was willing to raise his baht -- bottom line to 400,000. if that's the deal, can you guys, can the men and women in our political leadership pass something before midnight, december 31? >> well, i think so. i mean, and you're going exactly the right direction. if you take what's been put on the table, you got the senate
FOX Business
Dec 18, 2012 9:20am EST
pensions, has it? >> well, they've done a little bit for the new employees. jerry brown, our governor, has at least made some small steps forward there, but those are effects that will not be seen for the next 15, 20 years. meanwhile you not only have the accumulated vacation time, you have sick time, you have got pension benefits for many folks that will end up being literally hundreds of thousands of dollars a year. stuart: repeat that statistic, please. did you say 5,000 police officers make 100 grand or more? that's what you said? 5,000? >> yes, these are highway patrol officers here in california. this is all -- stuart: but that's going to be used as the baseline for pensions that will be paid in the future. >> the baseline is being used based on their accumulated the pay plus their annual last salary. so you know, that's where a lot of these figures get jacked up. this goes back to 99 when davis in the midst of a very contentious budget negotiations with california's public unions said okay i'm going to give you pension benefits retroactive for all present and past employees. th
FOX Business
Dec 3, 2012 1:00pm EST
agencies are saying hold on, wait a second. booz allen rating got cut by moody's. costco. brown foreman and carnival, also moody's saying look it, we're giving you a credit negative warning. you're borrowing money to pay out these special dividends. melissa: crazy. >> sounds like a great idea because of tax hikes are coming on dividends. the issue, a lot of companies have insiders who own a lot of shares in the company. look at costco. the ceo there is saving about, i think billion $4 million. he will get $14 million personally in dividends, accelerated into this year in advance of the gas hike. the issue with this gentleman, he has been out there, saying americans have to pay their fair share. all about tax fairness. banging the drum about that. board members are banging the drum. charlie monger is on the board of costco saying i'm for a vat. bill gates's father is for raising estate taxes. the father sits on the board of costco. the thing is, 1% shouldn't be clamoring about tax hikes when they're getting special dividends accelerated into this year. melissa: they're gaming it. >> that
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